defined by most economists as the contraction of an economy for more than two consecutive quarters, measured as a reduction of gross domestic product.

Reserve Currency

A currency used not only to pay for goods and services but also to put savings in. Typical reserve currencies are the U.S. dollar, the Euro and partially Swiss Franc and Yen. Prior to the Euro introduction, the German Mark had the role of reserve currency for a significant portion of Eastern Europe.

Revenue

The money and accounts receivables generated by companies for goods and services sold.